DraftKings NJ Sportsbook and Casino Jan. 2020 Bonus Is For Everyone!

Barbara Nathan Updated on January 16, 2020
draftkings 2020

If you like to play on NJ gambling websites but are not yet registered with DraftKings in 2020, you might be under the mistaken impression that it is still only for fantasy sports. That is no longer true, at least in New Jersey.

New User Bonus Up to $1,050

DraftKings 2020 is now a one-stop NJ gambling website for sports betting, casino play, and daily fantasy sports

If you’re into daily fantasy sports (DFS), don’t worry. DraftKings has no intention of abandoning this exciting alternative to traditional sports betting. However, DraftKings now also offers NJ players full-scale sports betting on actual games along with casino gambling. And this month, to encourage new and existing players alike to take full advantage of DraftKings’ diverse options, it is offering a special bonus.

DraftKings initially built its excellent reputation as a leading site for fantasy sports betting. However, as a result of its partnership with Resorts Hotel and Casino in Atlantic City and full-scale sports betting finally becoming legal in New Jersey in June 2018, DraftKings was finally able to offer NJ players much more. DraftKings Sportsbook was launched for NJ players as an adjunct to its fantasy sports platform in August 2018, thereby becoming the first online and mobile play sportsbook in the state

The sportsbook’s resounding success led to the addition of DraftKings Casino. When the fledgling casino first opened for business in August 2019, it was limited to just a single game of blackjack offered through the sports betting app. Since that time, additional games have gradually been added. DraftKings is still a tiny online casino by NJ standards and has a long way to go to be competitive with the top performers. However, the site is a work in progress, and the Jan. 2020 special bonus offer for both new and existing players is a step in the right direction.

Players with iOS or Android mobile devices can access the casino via the sports betting app. Alternatively, online players can access all of the DraftKings betting platforms–sportsbook, casino, and fantasy sports–by logging into DraftKings.com.

Your special offer: A 20 percent deposit match bonus up to $500!

Virtually every NJ online casino and sportsbook, including DraftKings, offers new players signing up for the first time an attractive Welcome Bonus to coincide with their first deposit. But what about existing players? Some NJ gambling websites extend generous offers to them on a regular basis, too, while others, especially online sportsbooks, do not.

The current bonus offer at DraftKings is for everyone–existing players as well as new players. And the types of wagers you make with the bonus money–sports bets, casino games, or a combination of both–are entirely up to you.

New User Bonus Up to $1,050

How the DraftKings 20 percent deposit match bonus up to $500 works

This promotion started on Jan. 2, 2020 and ends on Feb. 2, 2020. It is open to both new and existing DraftKings customers, but the offer can only be accessed once. It applies to the first deposit you make during the promotion period.

How much do you need to deposit?

DraftKings will match 20 percent of your deposit with a site credit up to $500 which you then get to wager. The minimum deposit is only $5. But keep in mind that you will only receive a 20 percent bonus, not a 100 percent bonus, and a bonus of only $1 is probably a waste of time.

On the other hand, a $500 bonus sounds very enticing indeed. But it necessitates a deposit of $2,500. If you can afford it, go ahead. But if that’s too much for your budget, scale down. For example, a deposit of $500 will give you a $100 bonus, while a deposit of $100 will give you a $20 bonus.

Wagering requirements and other terms and conditions

Players will receive their bonus in the form of a site credit with a wagering requirement of 25x the bonus. You can satisfy this requirement playing on any platform or combination of platforms on DraftKings you wish: daily fantasy sports, sportsbook (wagers of -300 odds or longer) or casino. If you choose casino games, all games count equally. The wagering requirements don’t increase if you choose table games over slots.

By 4/9/20, at the latest, all of the required wagering must be completed.

25x the bonus is a lot of wagering, so keep that in mind if you are thinking of taking the maximum bonus of $500. Not only do you need to make a single deposit of at least $2,500; you will also have to place $12,500 in wagers. If you are a small bettor, you might consider making a $100 deposit instead with a $20 bonus and a total wagering requirement of just $500.

For every $25 wagered, $1 of the bonus funds will be released into the player’s account. However, it is not clear from the description on the DraftKings website, whether you can withdraw the cleared portion of the bonus piecemeal or if you will have to wait until the bonus is fully cleared to withdraw any of these funds.

New User Bonus Up to $1,050

Additional offers for new players

If you are brand new to DraftKings in 2020, you get the same bonus, but it is only part of your offer. Here’s what you get in addition:

No deposit required sign-up bonus of $35

For starters, as a NJ Gambling Website reader, you can claim a $35 site credit bonus just for signing up. No deposit or promo code is required. Simply click on our sign-up link and you’re good to go.

Risk-free sports bet equal to the amount of your first sports bet

DraftKings will also match your first sports bet up to $500, win or lose, with a free bet. The first bet must be made no later than 2/2/20. You then have up to 30 days thereafter to make your free bet.

The free bet is nontransferable, nonrefundable, and cannot be redeemed for cash. If you win, you will be paid only your winnings from the bet, not the cost of the bet.

More about DraftKings Casino

If you would like to learn more about DraftKings Sportsbook, you can read our comprehensive review here.

As for the DraftKings Online Casino, keep in mind that it was added only recently and primarily to cater to DFS players and sports bettors who also like to dabble in casino gambling. Presently, DraftKings 2020 bears little resemblance to the giant size NJ online casinos offering hundreds of games. However, the site is continually growing and improving. As of this writing, the casino offers more than 80 games, including all of the following.

  •  Slots
  • Video Poker
  • Blackjack
  • Roulette
  • Live Dealer games

All of the games except the live dealer games can be played in demo mode as well as for real money.

The live dealer games offer a unique experience. They are as close as online and mobile casino play gets to playing in a real casino. At DraftKings Casino, you can play live dealer blackjack, roulette, baccarat, three card poker, and Ultimate Texas Hold’em either head-to-head against the dealer or with other players 24/7.

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